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His inheritance is publicly documented....by him. So nobody knows the exact amount of money he received, and if it was in cash, valuation of properties, etc.
by NickC25 1y ago
His inheritance is publicly documented....by him. So nobody knows the exact amount of money he received, and if it was in cash, valuation of properties, etc. So no, I can't back up exactly how much, because Donald Trump claims he was given a certain amount, and that amount has changed several times depends on who he's talking to.
In terms of actual wealth accumulation, just use a simple return calculator. If Donald Trump placed $1 billion into the S&P500 in 1980 and didn't invest dividends, he would have roughly $17.6 billion, based off the annualized return of 6.5%. However, based off court documents, Donald Trump got a LOT more than a billion, and some of that money was in NYC real estate, which grew much quicker than inflation.